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For Smolira Golf Corp, sales are $7,000, costs are $4,000, assets are $21,900, and debt and equity are $9,400 and $12,500. Assume no income taxes.
For Smolira Golf Corp, sales are $7,000, costs are $4,000, assets are $21,900, and debt and equity are $9,400 and $12,500. Assume no income taxes. Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $7,700. What is the external financing needed? O 861 912 O 957 O Negative external financing O Above answers are all not correct
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